Four Software Names for the Big Data Trend

Investors Business Daily breaks out some software stocks to learn about if you’re looking to play the “Big Data” theme, one of the hottest areas of tech right now.

I’m playing Big Data primarily with storage and hosting names. I own Network Appliance (NTAP) and Rackspace (RAX) for customer accounts right now, but I think the software companies that can help companies sort out and work with their data are very interesting too.

IBD pulls four of them out of its 50 highest-ranked stock performers mentioning that the 20-company industry group itself (Computer Software – Database) group ranks No. 8 of the 197 industries they rank.

The names include Oracle, Informatica, Tibco and Open Text. I go back a long ways with Tibco having been blown up with a big position in the stock when they missed earnings one quarter a million years ago. The company seems to be crushing it these days, here’s what IBD had to say about it this weekend before I send you over for the rest:

11. Tibco Software (TIBX) . The maker of software that ties together of firm’s various transactions and data — “It’s like a nervous system that works in real time and responds in real time,” CEO Vivek Ranadive told IBD in January – has moved into the field of trying to help companies follow social media “data.” Its Tibbr project, launched in January and described by an analyst as sort of a Facebook for businesses, lets employees track colleagues’ comments to learn more about products, marketing, etc., and quickly collaborate in real time, when such a need arises. In April, Ranadive said Tibco’s Q1 was its best ever, with sales up 20% to $185.3 million and EPS ex items up 33% to 16 cents. IBD recently did a Daily Stock Analysis on Tibco, which broke out in March but now is testing its 10-week line.

For more on software names for the Big Data trend, I recommend you head over.